Awami League (AL) General Secretary Obaidul Quader on Tuesday said the ruling party, along with all pro-liberation forces, will begin its campaign in September-October to win the next parliamentary election under the leadership of party president Sheikh Hasina, reports BSS."Our...
UK's FTSE 100 edged higher on Tuesday as mining stocks advanced after Beijing pledged to step up policy support for the Chinese economy, while consumer staples major Unilever gained after beating quarterly sales estimates, reports Reuters.The blue-chip FTSE 100 rose...
Most major stock markets in the Gulf rose in early trade on Tuesday in response to higher oil prices and strong earnings, although the Abu Dhabi index bucked the trend, reports Reuters.Saudi Arabia's benchmark index gained 0.6 per cent, led...
TOKYO, July 25 (AFP): Tokyo's blue-chip shares fell on Tuesday as investors adjusted their positions ahead of key interest-rate decisions by international central bankers along with earnings announcements from major businesses.The benchmark Nikkei 225 index lost 0.06 percent, or 18.43...
BENGALURU, July 25 (Reuters): Indian shares were little changed on Tuesday as a slide in consumer stocks offset the uptick in metal stocks, ahead of the US Federal Reserve's policy decision.The Nifty 50 index settled 0.04 per cent higher at...
LONDON, July 25 (Reuters): Global shares rose on Tuesday, lifted by a rally in Asia, where the yuan bounced after China pledged to step up support for its sputtering economy, while evidence of a slowdown in European growth dented the...
LONDON, July 25 (Reuters): TikTok is planning to launch in early August an e-commerce platform to sell China-made goods in the United States, the Wall Street Journal reported on Tuesday, citing people familiar with the plan.The short-video app is seeking...
WASHINGTON, July 25, 2023 (AFP): The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.But...
Karmasangsthan Bank opened Mathbaria Branch in Pirojpur on Monday. Dr Md Rustum Ali Faraji, MP, was present as the chief guest at the inauguration ceremony while Chairman of the Board of Directors of the bank Md Sayedul Islam and Managing...
GPH Ispat Limited and Evercare Hospital Dhaka signed a Memorandum of Understanding (MoU) on Monday. Under the MoU, GPH employees can avail privileged services and discounts for themselves and their dependants. Sharmin Sultan, Chief People Officer of GPH Ispat, and...
AB Bank Limited opened a sub-branch at Burichang, Cumilla, on Tuesday. The sub-branch is located at Office Road, Takwa Plaza, Burichang. Tarique Afzal, President and Managing Director of the bank, inaugurated the sub-branch through videoconferencing from the bank's head office....
FE REPORT | 2023-07-26 00:00:00
A commissioner of the securities regulator has provided assurance of the soon-to-be-established commodity exchange (CX), which will feature non-delivery cash settlements for three commodities.The assurance was given during a workshop titled "Commodity Exchange: Prospects and Challenges" held at the Bangladesh...
FE REPORT | 2023-07-26 00:00:00
The net profit of United Commercial Bank (UCB) declined by 44 per cent year-on-year to Tk 517 million in the April-June quarter this year, mainly due to higher interest expenses on deposits and borrowings.The private lender's consolidated profit was Tk...
NRBC Bank's deposit collection, loan disbursement and other financial indicators have witnessed significant progress in the first half of the current year, says a press release. At the end of June this year, the bank's deposits stand at Tk 177.53...
Mutual Trust Bank Limited (MTB) has recently launched an amazing toll-free smart banking service exclusively for the users of the MTB Smart Banking app, says a press release. Under the service, MTB Smart Banking App users can now enjoy banking...
FE REPORT | 2023-07-26 00:00:00
Stocks extended their losing streak for the fourth straight session on Tuesday, as cautious investors continued to sell off in this earnings season. According to market analysts, stocks witnessed a downturn as some of the companies' quarterly earnings failed to...
The Half Yearly Business Review Conference of First Security Islami Bank Limited (FSIBL) was held virtually on Monday. Presided over by Syed Waseque Md Ali, Managing Director of the bank, the conference was attended by Abdul Aziz and Muhammad Mustafa...
FE REPORT | 2023-07-26 00:00:00
Seventy-three export companies have been selected for awarding National Export Trophy for the fiscal year (FY) 2020-21 for their outstanding contribution to the economy.A gazette notification in this regard was issued by the Commerce Ministry on July 24, 2023.Among the...
Rome, July 25 (UNB): Prime Minister Sheikh Hasina has sought assistance from the International Fund of Agricultural Development (IFAD) to boost the production of wheat and edible oil in Bangladesh in order to reduce its dependency on the imports of...
Rome, July 25 (UNB): Italy has expressed its interest in hiring more manpower from Bangladesh particularly for its hospitality and agriculture sectors.Three Italian ministers conveyed the Italy's keenness during a meeting with Prime Minister Sheikh Hasina on the sidelines of...
Jamuna Bank Limited has opened the Jhalam Bazar, Mandra and Lakshmipur Natun Bazar sub-branches in Cumilla district. Managing Director & CEO of the bank Mirza Elias Uddin Ahmed inaugurated the sub-branches virtually. Deputy Managing Directors Noor Mohammed and AKM Atiqur...
FE REPORT | 2023-07-26 00:00:00
Standard Chartered Bangladesh (SCB) on Tuesday launched an Online Learning Platform for Entrepreneurs, especially women, aiming to help them learn skills required to run their businesses.Using the free-of-charge platform, entrepreneurs can learn at anytime from anywhere and get the scope...
FE REPORT | 2023-07-26 00:00:00
Jute millers have urged the government to settle unpaid dues of duty drawback on exported jute items urgently as the mills are in a tight spot, according to sources.The term 'drawback' is used exclusively for the refund of duties and...
Gold prices edged higher on Tuesday on expectations that the US Federal Reserve will likely end its monetary tightening cycle after a widely expected rate hike this week, reports Reuters. Spot gold was up 0.3 per cent to $1,960.02 per...
UNITED NATIONS, July 25 (Reuters): United Nations Secretary-General Antonio Guterres called on Russia on Monday to return to a deal allowing the safe Black Sea export of Ukrainian grain in line with a proposal he made to President Vladimir Putin.Russia...
LONDON, July 25 (Reuters): Oil prices were steady on Tuesday, hovering near three-month highs as signs of tighter supplies and pledges by Chinese authorities to shore up the world's second-biggest economy lifted sentiment, while weaker Western economic data weighed.Brent futures...
North Korea fires missiles ahead of Korean War anniversary celebrationsSEOUL, July 25: Pyongyang conducted twin missile launches late Monday, ahead of Korean War anniversary celebrations that will be attended by Chinese dignitaries in the first foreign delegation visit to the...
MOGADISHU, July 25 (Reuters): A suicide bomber killed at least 30 soldiers and wounded scores more inside a military academy in Somalia's capital Mogadishu on Monday, two military sources said, in an attack claimed by the al Shabaab militant group.A...
NABLUS, July 25 (AP): The Israeli military said it shot and killed three alleged Palestinian gunmen in the northern occupied West Bank on Tuesday, the latest bloodshed in one of the most violent stretches of the Israeli-Palestinian conflict in years.Israeli...
BEIJING, July 25 (BBC): China has removed Qin Gang as foreign minister less than seven months after he was appointed to the post. The role will be taken up by the Communist Party's foreign affairs chief, Wang Yi, who was...
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